
582 Bald Point Rd Panacea, FL 32346
Estimated payment $8,490/month
Highlights
- Property fronts gulf or ocean
- Deck
- Screened Porch
- Open Floorplan
- Modern Architecture
- Home Office
About This Home
Welcome to your exclusive slice of paradise on the serene shores of Bald Point, Florida. This exquisite 4-bedroom, 2.5-bath single-family home is a true gem, offering a harmonious blend of coastal elegance, modern comfort and privacy. Seller financing possible. The one-acre trophy property features 123' of private, white sandy beach and is bordered to the rear by the 12,000-acre Bald Point State Park ensuring natural beauty, endless outdoor recreational opportunities and unparalleled privacy. Sunbathing, fishing, hiking, biking and so much more are mere steps from your front door. As you enter at ground level, a 4-stop hydraulic elevator awaits to whisk you to all levels of the home. The first level features a spacious open concept living area, a large dining room and a chef's kitchen complete with granite countertops, a huge island and stainless steel appliances. Ample windows infuse the entire space with comforting natural ambient light and highlight views of your white, sandy beach and the open waters of the Gulf of Mexico. The first level is completed by two guest bedrooms and a shared en-suite bathroom and a large, functional laundry room. Level two consists of an additional guest bedroom overlooking Bald Point State Park, an en-suite half bathroom, and the expansive primary suite. The spacious primary suite includes a large Florida room with wet bar, a generous master bedroom and a large en-suite master bathroom. Just as on the first level, strategic, expansive Peachtree windows perfectly frame dramatic views of the Gulf of Mexico. Whisking up to the third level, we find three cohesive spaces that blend together to form the perfect entertaining space. With a full gas "butler's" kitchen, a large screened in porch and a huge rooftop terrace, the third level is an entertainer's dream. The views from the open rooftop terrace are truly stunning and must be seen in person to truly appreciate. Even with all the thoughtful comforts included in this amazing home, when the weather turns bad, this house really begins to shine! From the steel beam construction, the electric hurricane shutters, and the closed-circuit television system, to the 23KW whole home propane generator and whole house sound system, you'll be set to ride out the weather or anything else in modern style. This trophy home truly has too many features for a mere written description to convey. Schedule your private tour today and experience what modern elegant coastal living feels like on Florida's Forgotten Coast.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,277
Year Built
- Built in 2002
Lot Details
- 0.97 Acre Lot
- Property fronts gulf or ocean
Parking
- 2 Carport Spaces
Home Design
- Modern Architecture
- Vinyl Siding
- Piling Construction
- Stucco
Interior Spaces
- 2,888 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Ceiling height of 9 feet or more
- Home Office
- Screened Porch
- Utility Room
- Tile Flooring
- Gulf Views
Kitchen
- Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Schools
- Franklin County Middle School
- Franklin County High School
Utilities
- Central Air
- Heating System Uses Propane
- Power Generator
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 3 / E
- Assessor Parcel Number 12037-33-06S-01W-1030-000E-0030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,277 | $378,688 | -- | -- |
2023 | $3,297 | $367,658 | $0 | $0 |
2021 | $3,351 | $346,553 | $0 | $0 |
2020 | $3,508 | $341,768 | $140,000 | $201,768 |
2019 | $3,525 | $335,178 | $0 | $0 |
2018 | $3,660 | $328,928 | $0 | $0 |
2017 | $3,644 | $328,928 | $0 | $0 |
2016 | $3,659 | $332,858 | $0 | $0 |
2015 | $3,676 | $332,858 | $0 | $0 |
2014 | $3,736 | $334,822 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/08/2025 01/08/25 | For Sale | $1,475,000 | -- | $511 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $241,100 | New Conventional | |
Closed | $225,000 | Unknown | |
Closed | $150,000 | Credit Line Revolving |
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Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 380518

APN: 33-06S-01W-1030-000E-0030
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